A Community Amenity Contribution (CAC) is a voluntary financial contribution. It applies to all new residential development that requires rezoning – even if you’re just redeveloping a single lot – in order to ensure new amenities are provided as the community grows.
This funding is used to help pay for major capital projects identified in Coquitlam’s Official Community Plan, Parks, Recreation and Culture Master Plan and Strategic Transportation Plan. These projects can include libraries, community or recreation centres, arts facilities or youth centres; improvements to parkland and other public facilities; space for non-profit groups that serve the community, affordable housing; child care; greenways and trails; transit improvements; and streetscape upgrades.
Who pays and how much?
Developers pay CACs on all new residential development up to the base density in the zone at the time of rezoning. Under new rates that take effect on February 1, 2023, the developer pays $6 per square foot of gross floor area for new multi-family residential construction below the base density (which varies by zone), where a rezoning is required. For single-family housing, the charge is $10,000 per lot.
The 2023 Citywide CAC rates* are:
- $64.58 per m2 ($6.00 per sq. ft.) for net new multi-family residential gross floor area up to the base density in the zone.
- $10,000 for all new single-family lots created through a subdivision requiring a rezoning.
CAC’s do not apply to non-residential floor space, below-market rental housing or non-market housing.
*The rates will be adjusted annually by CPI.
For more information, please refer to the Community Amenity Contribution (CAC) Collection Policy and Procedure (PDF).